The Partnership Manager, Tax is responsible for providing tax and consulting services to our Pass-Through clients.
Job Duties:
- Performs tax planning, preparation and research for Pass-Through business, manages client engagements, supervises and reviews work of team staff members, works closely with clients as well as internal managers and partners
- Performs write-up of books and records for the business as well as composes written tax advice or responses to IRS inquiries
- Contributes to client satisfaction by providing timely services and work product
- Demonstrates an understanding of tax concepts and actively pursues increased tax knowledge through client assignments and current tax developments
Tax Compliance
- Ensures both that (a) clients comply with all applicable authorities, while at the same time minimizing their tax and reporting burdens, and (b) self and client service teams comply with all Firm policies, standards, and the BDO Tax Quality Manual (“TQM”)
- Conducts top level review of T/R and resolves all tax issues with client; involves specialists where appropriate
- Communicates any issues identified in tax accrual reviews with client and Assurance
- Plans and reviews the tax process and the procedures to be performed to include:
- Budgeting and staffing
- Monitoring engagement process and actual time incurred vs. budget with assistance of Senior
- Timely billing including management of identified out-of-scope activity and communication to client
- Timely collection of A/R
- Manages client relationships/expectations in accordance with the project
- Provides advice to clients in a timely manner
Research
- Identifies when research is needed; clearly and concisely frames issues to be researched and clearly and concisely reports the analysis
- Applies most Firm and professional standards for preparation of written tax advice and tax returns
- Involves firm specialists where appropriate
Strategy Development
- Introduces and develops new or improved ideas to improve the position of clients, the Firm, or Firm personnel, e.g., by reducing taxes or expenses or providing non-tax benefits
- Reviews studies of tax implications and offers clients alternative courses of action
- Identifies and leverages lessons learned on prior projects, and offers input on how to improve processes and methods
- Other duties as required
Supervisory Responsibilities:
- Responsible for building a team of professionals by training and working together to serve our high net worth clients with timely responses to their needs
- Supervises associates and senior associates on all projects
- Reviews work prepared by associates and senior associates and provides review comments
- Trains Associates and Seniors how to use all current software tools
- Acts as a Career Advisor to associates and senior associates
- Schedules and manages workload of associates and senior associates
- Provides verbal and written performance feedback to associates and senior associates
Qualifications, Knowledge, Skills and Abilities:
Education:
- Bachelors degree in Accounting or other relevant field, required
- Masters degree in Taxation, preferred
Experience:
- Five (5) plus years of public accounting experience working in the private client area, i.e. working on individual, estate, partnership, S-corporation, trust, and private foundation tax/consulting clients, required
License/Certifications:
- CPA certification, required
Software:
- Proficient in Microsoft Office Suite
Language:
Other Knowledge, Skills & Abilities:
- Detailed oriented
- Excellent written and verbal communication skills
- Ability to work independently and in a team environment
- Ability to effectively delegate work as needed
- Strong analytical, research and critical thinking skills as well as decision-making skills
- Capable of developing and managing a team of tax professionals
- Capable of effectively developing and maintaining client relationships
- Executive presence and ability to act as primary client contact for preparation and presentation of issues and resolutions to clients
- Advanced knowledge and experience with subchapter K of the Internal Revenue Code of 1986 as amended
- Working knowledge of and experience working with Targeted Capital Account Agreements
- 704(b) Capital & Tax Capital account maintenance
- 704(c) allocations
- Knowledge of optional basis adjustments under sections 734 & 743
- Knowledge of section 752 liability allocations
Individual salaries that are offered to a candidate are determined after consideration of numerous factors including but not limited to the candidate’s qualifications, experience, skills, and geography.
- California Range: $110,000 - $150,000
- Colorado Range: $95,000 - $130,000
- Illinois Range: $105,000 - $130,000
- Maryland Range: $113,000 - $120,000
- Massachusetts Range: $120,000 - $130,000
- Minnesota Range: $90,000 - $120,000
- New Jersey Range: $115,000 - $140,000
- NYC/Long Island/Westchester Range: $125,000 - $150,000
- Ohio Range: $105,000 - $150,000
- Washington Range: $95,000 - $125,000
- Washington DC Range: $120,000 - $140,000
About Us
At BDO, how we show up matters. We build strong relationships by supporting one another, our clients, and our communities with care, curiosity, and a commitment to helping one another grow and succeed. Here, you’ll find meaningful work, leaders invested in your success, and opportunities to build a career around what matters most to you.
Our purpose is to be the people our clients count on to grow with confidence and achieve what matters most. Our values guide how we bring that purpose to life each day. Together, they shape how we work with one another, serve our clients, and create meaningful impact.
BDO provides assurance, tax, and advisory services to clients across the U.S. and around the world. No matter your role, you’ll be part of a team helping clients navigate complexity and move forward with clarity.
We are proud to be an ESOP company, offering participants a stake in the firm’s success through beneficial ownership and a unique opportunity to enhance their financial well-being. As a qualified retirement plan, the ESOP is a meaningful addition to our comprehensive compensation and Total Rewards benefits* offerings. It also reinforces an ownership mindset that strengthens our connection to one another, our clients, and the future we’re building together.
Learn more about our benefits: BDO Total Rewards encompass more than traditional benefits.
*Benefits may be subject to eligibility requirements.
Equal Opportunity Employer, including disability/vets